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Can Solana Break $220 After Strong Rebound From $210?

Can Solana Break $220 After Strong Rebound From $210? WikiBit 2025-09-11 05:39

 Key Insights: Solana rebounded strongly from $210 support, consolidating near $216 while building steady higher lows. A breakout above $220 resistance

  • Solana rebounded strongly from $210 support, consolidating near $216 while building steady higher lows.
  • A breakout above $220 resistance could trigger the next bullish leg, targeting the $240–$250 range.
  • Clearing $223 liquidity signals strong buyer momentum, with support zones near $215 and $200 remaining intact.

Solana (SOL) was trading at $223.76, with a 24-hour trading volume of more than $9.38 billion. The token has gained 4% in the last 24 hours and is up 6.63% over the past seven days. Price action shows SOL holding firm above the $210 support level, an area that has repeatedly attracted buyers in recent sessions.

The 4-hour chart indicates that SOL has been building a bullish structure with consistent higher lows. Each pullback has been met with buying pressure, signaling strong demand. This has allowed the market to defend $210 as a base while consolidating near the $216 range.

Resistance at $220 Comes Into Play

Analyst BitGuru noted,

“$SOL continues to display strong bullish structure, holding firm above $210 support while consolidating near $216.”

Morever, the current structure suggests that a decisive break above $220 resistance could fuel the next upward move.

So far, this level has acted as a cap for price, with previous attempts rejected. A clean breakout and sustained close above $220 would likely trigger further bullish momentum. If momentum fades, support around $210–$200 remains critical for preserving the trend.

Clearing Liquidity Zones Signals Strength

According to Cipher X,

“$SOL just cleared that $223 liquidity zone and structure still looks bullish.”

The move through this zone suggests that sell orders have been absorbed, allowing price to build a stronger base for the next leg higher.

With this breakout, the path appears more open toward $240–$250, provided the price holds above $223. This range represents the next resistance band where traders may look for profit-taking or consolidation. Immediate support is now seen around $215, while stronger demand sits near $200 if a deeper pullback occurs.

Market Outlook

The combination of a strong rebound from $210 and the clearance of the $223 liquidity zone points to continued buyer dominance. Trading volume remains elevated, supporting the bullish case. Short-term momentum suggests Solana may attempt to push toward $240–$250 if the market sustains current levels.

As long as SOL defends above $210 and maintains higher lows, buyers are likely to stay in control. Traders are closely watching whether $220 can be broken convincingly, which would confirm the next bullish phase.

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

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